6.4.2022
EN
Official Journal of the European Union
C 152/111
Opinion of the European Economic and Social Committee on ‘Proposal for a Regulation of the European Parliament and of the Council amending Regulation (EU) No 575/2013 and Directive 2014/59/EU as regards the prudential treatment of global systemically important institution groups with a multiple point of entry resolution strategy and a methodology for the indirect subscription of instruments eligible for meeting the minimum requirement for own funds and eligible liabilities’
(COM(2021) 665 final — 2021/0343 (COD))
(2022/C 152/18)
Rapporteur-general:
Antonio GARCÍA DEL RIEGO
Referrals
Council of the European Union, 26.11.2021
European Parliament, 22.11.2021
Legal basis
Article 114 of the Treaty on the Functioning of the European Union
Section responsible
Economic and Monetary Union and Economic and Social Cohesion
EESC President decision
9.11.2021
Adopted at plenary
9.12.2021
Plenary session No
565
Outcome of vote
(for/against/abstentions)
174/2/3
1. Conclusions and recommendations
1.6. 2. General comments
2.14. 3. Specific comments
3.4. 3.4.1. Consolidated calculation for G-SIIs with multiple resolution entities (Article 12a)
3.4.1.1.
3.4.1.2.
3.4.1.3.
3.4.1.4.
3.4.2. Deductions from eligible liabilities items (Article 72e)
3.4.2.1.
Brussels, 9 December 2021.
The President of the European Economic and Social Committee
Christa SCHWENG
(1) Financial Stability Board, Guiding Principles on the Internal Total Loss-absorbing Capacity of G-SIBs (‘Internal TLAC’), 6.7.2017. Under that regime, instruments eligible for internal MREL issued by the subsidiary and subscribed by the intermediate parent would be fully deducted from the eligible instruments issued by the intermediate parent to comply with its own internal MREL.